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STOCK TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2012

The following table sets forth the Company’s stock options outstanding as of September 30, 2012 and December 31, 2011 and activity for the years then ended:

					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
			Exercise		Contractual		Intrinsic
	Shares		Price		Term (Years)		Value

Outstanding, January 1, 2011		69,733,333	$	0.029		5.92	$	-
Granted		4,650,000		0.029		-		-
Exercised		-		-		-		-
Forfeited/expired		4,500,000		0.029		-		-

Outstanding, December 31 , 2011		69,883,333	$	0.029		5.26	$	-
Granted		4,650,000		-		-		-
Exercised		-		-		-		-
Forfeited/expired		-		-		-		-

Outstanding, September 30, 2012		74,533,333	$	0.029		4.54	$	-

Vested/exercisable at December 31, 2011		65,233,333	$	0.029		5.30	$	-

Vested/exercisable at September 30, 2012		69,883,333	$	0.029		4.51	$	-

Summarizes the information with respect to options granted, outstanding and exercisable

The following table summarizes the information with respect to options granted, outstanding and exercisable under the 2005 plan:

Exercise Price		Options Outstanding		Remaining Contractual Life in Years		Average Exercise Price		Number of Options Currently Exercisable
$	.02		250,000		2.67	$	.020		250,000
$	.029		54,983,333		4.58	$	.029		54,983,333
$	.029		2,500,000		5.58	$	.029		2,500,000
$	.029		700,000		6.58	$	.029		700,000
$	.029		1,000,000		5.25	$	.029		1,000,000
$	.029		150,000		5.33	$	.029		150,000
$	.029		850,000		6.67	$	.029		850,000
$	.029		4,500,000		2.58	$	.029		4,500,000
$	.029		300,000		7.58	$	.029		300,000
$	.029		4,500,000		3.75	$	.029		4,500,000
$	.029		150,000		8.75	$	.029		150,000
$	.029		4,500,000		4.83	$	.029		4,500,000
$	.029		150,000		9.83	$	.029		150,000